act: the income statement

MyFinsight

Enact Holdings, Inc. (ACT)

For the quarter ending 2025-06-30, ACT made $304,890K in revenue. $167,808K in net income. Net profit margin of 55.04%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30	2025-03-31	2024-09-30	2024-06-30
Change in allowance for credit losses on commitment	-	158	-	-
Change in allowance for credit losses on commitment	-	-273	-	-
Gross realized gains	-	369	-	-
Gross realized (losses)	-	-3,497	-	-
Net realized gains (losses)	-	-3,128	-	-
Cash cash equivalents and short term investments	-	6,623 [1]	-	-
Fixed maturities	-	58,452 [1]	-	-
Gross investment income before expenses and fees	-	65,075 [1]	-	-
Investment expenses and fees	-	-2,038 [1]	-	-
Gross investment income before expenses and fees	-	65,075 [2]	-	-
Investment expenses and fees	-	-2,038 [2]	-	-
Assumed	-	7,305	-	-
Ceded	-	-32,761	-	-
Direct	-	270,242	-	-
Gross realized gains	-	-	195	-
Gross realized (losses)	-	-	1,438	-
Net realized gains (losses)	-	-	-1,243	-
Gross investment income before expenses and fees	-	-	62,913	-
Investment expenses and fees	-	-	1,857	-
Total revenues	304,890	306,776	309,588	298,834
Losses incurred	25,289	30,541	12,164	-16,821
Interest expense	12,296	12,291	12,290	13,644
Gain (loss) on extinguishment of debt	-	-	-	-10,930
Acquisition and operating expenses, net of deferrals	50,598	50,094	53,091	53,960
Amortization of deferred acquisition costs and intangibles	2,205	2,429	2,586	2,292
Total losses and expenses	90,388	95,355	80,131	64,005
Income before income taxes	214,502	211,421	229,457	234,829
Provision for income taxes	46,694	45,643	48,788	51,156
Net income	167,808	165,778	180,669	183,673

Basic (in shares)	149,940,000	151,831,000	155,561,000	157,193,000
Basic (in usd per share)	1.12	1.09	1.16	1.17
Diluted (in shares)	150,729,000	152,907,000	157,016,000	158,571,000
Diluted (in usd per share)	1.11	1.08	1.15	1.16

Unit: Thousand (K) dollars (except for numbers of shares and EPS)